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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Turkish Lira (FOREX:GBPTRY)
Sidelines Mode (-55) - GBPTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPTRY
The long-term trend has been UP since Nov 15th, 2022 at 22.046350
The intermediate-term trend has been DOWN since Oct 16th, 2024 at 44.537371
The short-term trend has been UP since Nov 19th, 2024 at 43.964645
Smart Scan Analysis for GBPTRY
Based on our trend formula, GBPTRY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.739360 | 43.968611 | 43.727510 | 43.776220 | +0.036860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.739360 | 2024-11-20 03:42:41 |